Local Partners

[davidgraham1]

My opinion is that the smartest way to handle an offshore company formation is to invite someone local to become your business partner.That person might not replace the role of professional consultants but it would certainly work well to your advance to have someone on your team who is familiar with the locale.

 

[Martin Everson]

Very true. The wealthy go one step further. They send their kids or wives to live in places like tax free Monaco. Then make them shareholders and have them take all profit out of a company via tax free dividends. i.e UK billionaire Philip Green....cough cough.

Tina Green - Wikipedia

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[hiju]

Sometimes this is just not sufficient!

 

[JohnLocke]

From my experience it makes things much more expensive, that said, I agree totally with you. A local partner can be much easier to work with in the process of setting up a offshore company.

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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[negon]

Fina a local lawyer that is working international with great connection. You pay a lot of money for this but at the end of the day you get what you seek and it will safe you a lot of troubles!